Insider Selling: Dutch Bros (NYSE:BROS) Major Shareholder Sells 317,125 Shares of Stock

Dutch Bros Inc. (NYSE:BROS) major shareholder Dm Individual Aggregator, Llc sold 317,125 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $53.41, for a total transaction of $16,937,646.25. Following the completion of the sale, the insider directly owned 657,906 shares of the company’s stock, valued at approximately $35,138,759.46. This trade represents a 32.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Dm Individual Aggregator, Llc also recently made the following trade(s):

• On Tuesday, November 25th, Dm Individual Aggregator, Llc sold 648,089 shares of Dutch Bros stock. The shares were sold at an average price of $55.44, for a total transaction of $35,930,054.16.

Dutch Bros Stock Performance

BROS stock traded up $2.49 during trading on Wednesday, reaching $59.86. 1,631,084 shares of the stock were exchanged, compared to its average volume of 3,456,703. The company has a market capitalization of $9.85 billion, a P/E ratio of 119.79, a price-to-earnings-growth ratio of 2.75 and a beta of 2.56. The company has a current ratio of 1.52, a quick ratio of 1.32 and a debt-to-equity ratio of 0.68. Dutch Bros Inc. has a twelve month low of $47.16 and a twelve month high of $86.88. The stock has a 50 day simple moving average of $54.24 and a 200-day simple moving average of $62.48.

Dutch Bros (NYSE:BROS) last issued its earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02. The business had revenue of $423.58 million for the quarter, compared to analyst estimates of $414.81 million. Dutch Bros had a net margin of 4.04% and a return on equity of 8.91%. The firm’s revenue was up 25.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. Dutch Bros has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Dutch Bros Inc. will post 0.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BROS. Zacks Research lowered Dutch Bros from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Stifel Nicolaus decreased their price objective on Dutch Bros from $82.00 to $75.00 and set a “buy” rating for the company in a report on Friday, October 31st. UBS Group restated a “buy” rating and issued a $85.00 price objective on shares of Dutch Bros in a report on Tuesday, October 28th. Morgan Stanley set a $84.00 price objective on shares of Dutch Bros in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada dropped their target price on shares of Dutch Bros from $85.00 to $75.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Dutch Bros has a consensus rating of “Moderate Buy” and an average price target of $76.72.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Osterweis Capital Management Inc. bought a new stake in shares of Dutch Bros during the 2nd quarter worth approximately $27,000. Rakuten Securities Inc. increased its holdings in Dutch Bros by 557.4% in the 2nd quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock worth $31,000 after purchasing an additional 379 shares in the last quarter. Banque Transatlantique SA bought a new position in Dutch Bros in the 1st quarter valued at approximately $38,000. Kiker Wealth Management LLC raised its stake in shares of Dutch Bros by 4,423.1% during the second quarter. Kiker Wealth Management LLC now owns 588 shares of the company’s stock valued at $40,000 after acquiring an additional 575 shares during the last quarter. Finally, Caitlin John LLC acquired a new position in Dutch Bros during the 3rd quarter worth about $44,000. Institutional investors and hedge funds own 85.54% of the company’s stock.

About Dutch Bros

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.